{"url":"https://lrlabs.ai/t/formula_one_disposal_holding","engine":"deterministic","llm_in_path":false,"id":"formula_one_disposal_holding","question":"What did Formula One hold about disposal of a place?","answer":"A place can be at the enterprise's disposal without ownership, lease or exclusive possession — the Buddh International Circuit was at FOWC's disposal for the duration of its access, and the brevity of that access did not matter: Formula One World Championship Ltd v. CIT, (2017) 394 ITR 80 (SC). Disposal turns on access and control, not title.","pinpoint":"Formula One World Championship Ltd v. CIT (IT), (2017) 394 ITR 80 (SC), para 58","confidence":"judicial","as_at":"14 Aug 2026","quote":"Fixed place of business in the form of physical location, i.e. Buddh International Circuit, was at the disposal of FOWC through which it conducted business.","quote_string_verified":true,"quote_source":"ledger:FORMULA-ONE"}